ESG stands for Environment, Social, and Governance. It is a framework for companies to manage and report the impacts of their business operations on the environment, employees, suppliers, customers, and communities. ESG is also increasingly used by investors to help them gauge the non-financial social and environmental performance of a company.
Why do I need to consider ESG?
A credible, communicable ESG strategy is now critical to the success of EVERY business in EVERY industry. Companies have a unique opportunity to combat climate change, help save the planet, and improve the lives of employees, customers, and local communities.
These days your customers, your suppliers, employees, investors etc. all want to know more than just how well you are doing financially. Namely; they want to know what your impact is on the environment, what impact you have on society, and how your business conducts itself.
Essentially, they want to know one thing — Is your business doing good?
The Benefits of an ESG Rating
Companies that own, manage, and communicate their impacts on society and the environment are pioneering industries. There are numerous proven strategic business benefits to building a strong ESG performance, including:
Increased sales revenue
Reduced long-term operating costs
Attract and retain high-calibre employees
Improved capital finance terms
Attract new investor profiles
Improved operational efficiency
Expand into new markets
Long-term strategic planning capabilities
Environmental Social and Governance Services
Whether you have an entire department dedicated to ESG, a manager in charge of measuring performance, or you are just getting started on your journey, we have a range of ESG consulting services designed to add value to your business strategy. Start now, right where you are. Take a look at some of our services below or get in contact to start the conversation.
Reviews & Recommendations
The first step in any credible ESG strategy is to review and benchmark your company’s social responsibility performance. This review and gap analysis will highlight your successes and pinpoint areas for improvement. Think of it as an ESG health check tailored to your business.
Our ESG consultants work closely with your key stakeholders to ensure that they can help to shape and ultimately ‘buy in’ to your ESG strategy. The goal at the end of our strategy project is to provide a unique, bespoke strategy that aligns to your company values and can be easily communicated to anyone.
Your ESG Policy is an acknowledgment of the impact your business has, and your commitment to ensure that this impact is positive. It should be completely aligned to your company values and everyone should be able to understand it. It’s time to get creative. We can write an engaging and eye catching ESG policy.
“Rubbish in, rubbish out” as the saying goes. We help businesses of all sizes understand their impacts; measure, record, and report on their impact data across all environmental, social and governance factors.
Your impacts and therefore your ESG report should be measured against consistent standards. We work with our clients to provide a consistent framework for measurement and improvement of their ESG performance. We can collect and audit data and work with your team to write an ESG report aligning your performance with the leading reporting standards.
Any effective ESG strategy must be bought-into by all of your employees. ESG and Sustainability training sessions by Good Management helps you to ensure that your employees are fully aware of your ESG strategy. We will also educate them on what they can be doing on a personal level to help the company achieve its goals..
Good Management Group Ltd undertook a full review of our ESG performance. The cost was extremely competitive and the results exceeded expectations. Great, knowledgeable and enthusiastic team. I look forward to working with them again soon.
Chief Operating Officer, Unily
The main statement that I would like to make is that the whole piece was brilliantly tailored to our individual situation. Thank you once again for the effort you put in to helping us make the first few steps in changing the travel industry for the better!
Managing Director, MSG Tours
We chose to work with the team at Good Management as it was clear from the outset that they had the passion and expertise needed to help us create and execute our CSR strategy. Their work has been invaluable.
Managing Director, Re:Signal
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